Answer:
Average cost per litre of diesel = rs 8.00
Step-by-step explanation:
Amount spent on diesel each year = rs 4000
Price of a litre of diesel in the first year = rs 7.50
Price of a litre of diesel in the second year = rs 8.00
Price of a litre of diesel in the third year = rs 8.50
Average cost per litre of diesel = 
where n is the number of years.
Average cost per litre of diesel = 
= 
= 8
Average cost per litre of diesel is rs 8.00
So that he buys an average of 500 (i.e 
) litres every year.
Answer:
0.02 or 2% = Beta
Step-by-step explanation:
Given that,
Risk-free rate = 7 percent
Expected return on the market = 10 percent
Expected return on Security J = 13 percent
Therefore, the beta of Security J is calculated as follows;
Expected return on Security J = Risk-free rate + Beta (Expected return on the market - Risk-free rate)
13 percent = 7 percent + Beta (10 percent - 7 percent)
0.13 - 0.07 = 0.03 Beta
0.06 = 0.03 Beta
0.06 ÷ 0.03 = Beta
0.02 or 2% = Beta
Answer:
Check the explanation
Step-by-step explanation:
Y = 11.5 + 4.5*X1 -2.5*X2 +0.7*X3+1.6*X4 -2.4*X5 -2.8*X6
FOR JANE
X1 =1 , X2 =1 , X3 =5 , X4 =0 ,X5=0, X6=1
SO,
Y =11.5+(4.5*1)-(2.5*1)+(0.7*5)+0+0-(2.8*1)
= 14.2
..........................
FOR Sophie
X1 =1 , X2 =1 , X3 =10 , X4 =1 ,X5=0, X6=0
so,
Y =11.5+(4.5*1)-(2.5*1)+(0.7*10)+ (1.6*1)+0+0
= 22.1
<u>Answer</u>
A. Because it earns interest.
<u>Explanation</u>
We save money in the financial institutions like banks and micro-finance institutions. This institutions uses this money to do business with it such as lending it to other people, setting up other money generation activities among others.
By so doing your money must be increased since it is used in other ways. These money increase is known as interest.
So the money you save increase in value over the time because it earns interest.
2 over 5 tho yes it’s also 3x + 1 over 4y2
